Exhibit 99.1



NEWS RELEASE

                 AMKOR TECHNOLOGY TO SELL $425 MILLION IN NOTES

WEST CHESTER, Pa. -- April 30, 2003--Amkor Technology, Inc. (Nasdaq: AMKR) today
announced its intent to sell $425 million principal amount of senior notes due
2013.

Amkor intends to use the net proceeds of the issuance to redeem its outstanding
9-1/4% Senior Notes due 2006.

The notes are being sold to qualified institutional buyers in reliance on Rule
144A and outside the United States in compliance with Regulation S under the
Securities Act of 1933. The notes have not been registered under the Securities
Act of 1933, as amended, and may not be offered or sold in the United States
except pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable state securities
laws.

This press release shall not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any sale of the notes in any state in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.

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Contact:

Jeffrey Luth
VP Corporate Communications
Amkor Technology, Inc.
610-431-9600  ext. 5581
jluth@amkor.com